Category Archives for Business Planning
Don’t Wait: How Small Business Owners Can Prepare for a Potential UPS Strike Now
UPS ships approximately 24 million packages daily and handles around one-fourth of all parcel volume in the United States; that’s roughly six percent of America’s GDP. So, when Teamsters, the union representing UPS workers, expresses concern about worker safety and compensation, there’s a lot on the line. A few of Teamsters’ current demands are higher part-time pay, more […]
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How Your Emotional Intelligence Can Impact Your Business
Have you mastered the art of getting to the point? It’s a sure sign that you’re working on your emotional intelligence as a business leader, something that’s been the topic of our conversations during this month’s client coaching sessions. Consider three common challenges that entrepreneurs face: Lack of clear goals and objectives, hyperfocus on their […]
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Is It Time for Business Growth?
While all new business owners and founders cross their fingers for overnight success, the truth is that most new ventures or startups need to clock some serious hours to ensure business growth. Scaling up is complicated, intensive, and often pretty frustrating, but it’s also the foundation of serious return on investment. Growing or Scaling? First, […]
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Leveraging Threat Mitigation for Successful Exit Planning
Although John Bloch had been working on boat repair and maintenance since he was a teenager, he wasn’t quite prepared for the challenges he faced in 2012 — about eight years after buying his employer’s assets and taking over the helm himself. When John stepped up in 2004, he hired seven employees and quickly began […]
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Overcoming Post-Pandemic Recovery Challenges
It seems that we are seeing the light at the end of the tunnel with regards to the current COVID-19 pandemic, which has organizations of all sizes building resiliency and future-proofing their processes. However, while many remain positive that growth is coming, small businesses are still struggling with challenges that stand in the way of […]
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Developing and Executing Your Succession Plan and Exit Strategy
The Richard Greene Company was established in 1958 as a manufacturer’s representative selling timers and sensing products, before transitioning into the distribution of industrial control products in the 1970s. In 1978, the founder’s son (and namesake) Rich Greene joined the organization before becoming the owner in the mid-1990s and built thriving relationships with both clients […]
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Navigating A Business Pivot
Perhaps the only thing harder than starting your business in the first place is undertaking a business pivot — especially during an economic downturn. Pivoting means that you’re walking away from everything about your business that you know to be true, and moving towards a new model that carries an inherent risk of failure. However, […]
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Business Owners’ Biggest Mistakes: Do You Have a Succession Plan or Exit Strategy?
Business Owners’ Biggest Mistakes In our continuing series about the biggest mistakes we see from business owners, The Alexander Group takes a look at the failure of some business owners to hold themselves accountable. There are ways to escape those personal, protective bubbles to help ensure the owner makes the smartest decisions possible—reaching beyond the […]
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COVID-19 Recovery Guide for Small Businesses
As organizations of all shapes and sizes continue to grapple with the impact of COVID-19, small businesses especially are struggling with how to create a plan to recover from their losses. These small businesses are also looking for ways to future-proof their operations to better weather storms that are yet to come. We work closely […]
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How Our Clients Navigated the SBA Loan Programs
Earlier this year, the spread of COVID-19 into the United States created the most unprecedented upheaval most business owners have seen in their lifetimes. Remember how it felt like “another shoe dropped” every few hours as we learned about cancellations of sports leagues, concerts, and conventions followed by escalating “stay-at-home” orders across the country? Some […]
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